Key points: The most common answer to the question "Why do small businesses fail?" is the technician's trap. A master craftsman does not automatically become an entrepreneur of….Read More

Key points: A complete business plan is divided into eight sections, from the executive summary to the financial plan and appendices. Banks and investors regularly request it before lending or investing….Read More

Key points: The business financial plan has three parts: sales forecast, cash flow, and break-even point. Profit and cash are not the same….Read More

Key points A practical business plan has six sections and is kept under twenty pages. The section that is read most carefully by the bank or financier….Read More